The Royal Bank of Scotland has set up a loan fund for social entrepreneurs who are unable to access finance through the normal mainstream channels. The fund offers loans for starting or expanding a community-based business. Flexible terms are available and the loans can be tailored to your requirements.
To be eligible for funding, your organisation must be all of the following:
- A business with clear social or environmental objectives which reinvests profits for a social purpose
- An established third-sector organisation, located and trading in the UK
- Investment ready in terms of management, governance and financial position.
For more information visit the website via the link below: